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...after a century of watching the Yankees club America's small-market teams like baby seals and tigers and red sox, you have to suffer during the off-season too. In the biggest moral affront yet to your sense of fairness, last week the Yankees - already the richest, best team in baseball - traded for Alex Rodriguez (A-Rod) - the richest, best player in baseball. The Yankees now have a slightly better lineup than the National League All-Star team, one of whose members will undoubtedly be the Yankees' second baseman by the play-offs...

Author: /time Magazine | Title: In Defense of Domination | 2/23/2004 | See Source »

...picked - along with Lille, France - to be European Capital of Culture for 2004, the Italian government poured in $40 million for more than 100 special events from jazz concerts to history classes. And Via Garibaldi, which housed the noble families of what was once one of Europe's richest cities, has undergone a multi-million-euro face-lift that would make Prime Minister Silvio Berlusconi proud. Façades have been scrubbed and frescoes restored to their original splendor, quaint courtyards and sweeping staircases now shine anew and streetlights have been added to enhance the architectural features, busts and statues...

Author: /time Magazine | Title: Italy Polishes a Gem | 2/22/2004 | See Source »

...power. I think that's really more interesting than talking about one person," she says. But people are interested in Bravo, who in July topped the European executive-compensation list, having earned $9.2 million in 2002, surpassing Tom Ford and LVMH chairman Bernard Arnault (who remains France's richest man despite his $1.59 million take-home). So she agrees to set the record straight on some Bravo chatter. "No on the workaholic. If you're passionate about something, then it doesn't feel like work, does it?" She fine-tunes her style radar by reading "every magazine known to mankind...

Author: /time Magazine | Title: 1 Rose Marie Bravo | 2/16/2004 | See Source »

...apart at high speeds. Microsoft Windows is clearly technology because it crashes all the time. Cell phones are technology because you can't hear the person you're talking to and also because we, as a society, haven't settled on etiquette for using them in public. Certainly, the richest area of innovation in American revenge fantasy must involve public gabbers...

Author: /time Magazine | Title: Tangled Wires | 2/9/2004 | See Source »

Partly because of extraordinarily generous tax breaks but mostly because of high prices guaranteed by Congress, the U.S. pharmaceutical industry, year in and year out, ranks as the country's richest. Pfizer, which for 2002 reported profits of $9.1 billion on revenue of $32.4 billion, earned a return on revenue of 28%, a rate more than twice that of General Electric, nine times that of Wal-Mart and 31 times that of General Motors. To be sure, the pharmaceutical industry insists it needs the higher prices to pay its hefty research and development tab. (The industry spends tens of millions...

Author: /time Magazine | Title: Why Drugs Cost So Much / The Issues '04: Why We Pay So Much for Drugs | 2/2/2004 | See Source »

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